Exercise 6: Double Entry Bookkeeping Exercise (Advanced)
In this exercise you must identify the debit and credit components of given financial transactions of a more advanced nature. The exercise will assist you to practice and test your understanding of double entry bookkeeping principles.
To commence, you will need to download the exercise sheet in easy-to-print Word Document format. You can insert your answers directly into the word document.
Download the exercise file (Microsoft Excel spreadsheet)
Answer to this Exercise
You can obtain an answer to this and all other accounting exercises on this website: